With all the positive news and lower commodity expense, this should be a strong quarter i think?
There is a very strong chance that break 61 by end of week. They already reaffirmed 2013 outlook at the shareholders meeting.
Revenue of 3.7b and EPS of .50 could push analysts to up their targets to 70 on Friday.
I think the expectations will be on the higher end so I hope they come through, does anyone know what the whisper numbers are? I also hope SBUX pushes their guidance up, that will help analysts to push up their targets.
I've seen 49 cents from earnings whisper but that is it........But there is quite a bit of puts being put in for May which I'm kinda surprised about considering coffee prices are expected to decline significantly......so all I can do is keep my fingers crossed. I guess I could always sell half my position tomorrow and if it continues to go up great then I'm not mad and if it drops after earnings, I could always use the rest of that money and buy it at that lower price. But looking out long term, I see some options traders looking at the Jan 2014 calls at $80 bucks with a decent amount of volume so far.....I'm still thinking no matter what though this stock will just continue to do well over the years.
I'm thinking we will have a decent report :) I own 620 shares and hoping to see an earnings beat and hopefully forward guidance revision upwards...........I did well with IRBT the last three days and bought at the right time and got out just a few minutes ago.........I could not complain with making 17% in 3 days with that one.